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Author Question: Tennis balls cost a set and tennis rackets cost Which of the following is TRUE? (Read 111 times)

bb

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on: May 25, 2020

Question 1

Assume you earn a year and your favourite sports magazine costs you a year. Your demand for the sports magazine is likely to be
◦ perfectly inelastic.
◦ inelastic.
◦ perfectly elastic.
◦ elastic.

Question 2

Tennis balls cost a set and tennis rackets cost Which of the following is TRUE?
◦ The demand for tennis balls is perfectly inelastic since they can be used only if you own a tennis racket.
◦ The price elasticity of demand must be the same for both tennis balls and tennis rackets since they are complements.
◦ The demand for tennis balls is likely to be less elastic than the demand for tennis rackets.
◦ The demand for tennis balls is likely to be more elastic than the demand for tennis rackets.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by bb on May 25, 2020

chinwesucks

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bb

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

chjcharjto14

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Reply 3 on: Yesterday
Wow, this really help

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